Tourists set to flock to Turkey

Owners of rental accommodation in Turkey could be in line to benefit from an influx of British visitors.

New figures from M&S Money have revealed that Turkish lira have been in high demand among consumers in the UK.

The organisation has attributed this development to exchange rates in the rest of Europe, as the euro is currently much stronger than the pound.

As a result, British leisure travellers can get more for their money by travelling outside the eurozone to places which offer more favourable rates.

This trend is likely to be good news for property investors who have invested in Turkish tourist hotspots, as it means demand for rental accommodation is likely to go up.

Fraser Millar, head of travel services at M&S, commented: "As the pound has weakened against the euro, travellers are looking for value-for-money holidays in non-euro resorts."

This comes after the Association of British Travel Agents recently reported a surge in the number of summer bookings for Turkey this year.

Post a Comment about 'Tourists set to flock to Turkey' Here >

Turkey Opened up by Low Cost Airline

A budget airline could be set to trigger a new wave of interest in a Turkish holiday resort among property buyers.Flyglobespan has confirmed that in May 2009, it will begin offering weekly services between Aberdeen and Dalaman.This means that people living in the Scottish city and surrounding areas will find the Mediterranean resort far more easily accessible.As a result, Dalaman will be likely to attract a greater number of visitors from Scotland.Indeed, Rick Green of Flyglobespan said the flights have been introduced in response to customer demand.He commented: "Turkey, with its rich culture, great beach resorts and reputation as a value-for-money destination, is bound to be a winner."This means that demand for temporary lodgings in the region should rise significantly, thereby creating opportunities for rental investors to benefit.Earlier this week, M&S Money revealed that there has been a 53 per cent year-on-year increase in sales of Turkish lira in the UK.

Post a Comment about 'Turkey Opened up by Low Cost Airline' Here >

Turkey attracts British holidaymakers

More and more leisure travellers from the UK are choosing to visit Turkey, analysts have revealed.

According to the Association of British Travel Agents (ABTA), there has been a 20 per cent increase in the number of bookings for holidays to Turkey this year.

The organisation believes this is because the strong euro has put people off visiting Mediterranean countries in the eurozone, such as Italy and France.

Since Turkey offers more favourable exchange rates, visitors can enjoy similar attractions at a relatively low price.

Speaking to the Scotsman, ABTA spokesperson Frances Tuke said: "Turkey has been a popular market this year, because it is outside the eurozone and British travellers are now familiar with it."

She added that people are not willing to let the economic downturn in the UK force them to give up their holidays.

This comes after price comparison site Cheapflights revealed that it has also seen an increase in the amount of interest in Turkey.

Figures show that in the last 12 months, the number of people looking for information on areas such as Dalaman has risen by more than 17 per cent.

News brought to you by Property Abroad - specialists in Overseas Property Investment

Post a Comment about 'Turkey attracts British holidaymakers' Here >